Definitions for bucket shop
Random House Webster's College Dictionary
Informal. an overly aggressive brokerage house, esp. one that sells low-priced, highly speculative stocks by telephone.
Origin of bucket shop:
1870–75, Amer.; orig. a cheap drinking establishment
an unethical or overly aggressive brokerage firm
(formerly) a cheap saloon selling liquor by the bucket
A stockbroking firm which takes small orders from clients and takes them on its own account rather than actually transmitting them to the market. Prevalent in the US 1870s to 1920s; often setup as shop-fronts in the 1920s.
A stockbroking firm which sells stock to clients when it has an undisclosed relationship with that company or its owners.
a travel agency selling discounted airfares, usually in defiance of existing minimum fare arrangements. Now usually refers to any small cheap agency.
a legal services firm selling heavily discounted legal services and documents made in large volume from boilerplate text and clauses, sometimes as a white labelled loss leader
Origin: bucket + shop
an office or a place where facilities are given for betting small sums on current prices of stocks, petroleum, etc